SVP/VP- Finance
2 weeks ago
Role & Responsibilities:
Key highlights of the role are listed below (purely indicative and not limiting):
1. Financial Planning & Analysis:
- Developing financial strategies by forecasting capital requirements; identifying monetary resources and developing action plans.
 - Leading the annual budgeting and forecasting processes.
 - Assessing financial risks and opportunities, providing strategic recommendations to CFO
 - Monitor financial performance against budgets and provide insights for corrective actions.
 
2 .Financial Reporting & Compliance:
- Ensure timely preparation of accurate financial statements in accordance with applicable accounting standards and regulatory requirements.
 - Coordinate with internal and external auditors; facilitate statutory audits.
 - Ensure compliance with all regulatory reporting obligations.
 
3 .Risk Management:
- Support the identification, assessment, and mitigation of financial and operational risks.
 - Oversee the management of non-performing assets (NPAs), provisioning, and capital adequacy.
 - Implement internal controls to prevent fraud and financial misstatements.
 
4. Treasury and Cash Management:
- Assist in managing liquidity, capital, and funding strategies.
 - Coordinate with regulatory authorities regarding capital and liquidity requirements.
 
5. Regulatory Compliances:
- Stay abreast of changes in regulatory requirements and ensure the organization's compliance with relevant financial regulations in the credit card industry.
 - Maintain effective communication with RBI, Ministry of Finance, and other regulatory agencies.
 - Ensure compliance with government directives, circulars, and policies affecting financial operations.
 - Collaborating with legal and compliance teams to mitigate regulatory risks
 
6. Financial Controls
- Assisting the CFO in developing and implementing financial strategies, contributing to the overall financial health of the organization.
 - Implementing and monitoring internal financial controls to safeguard company assets.
 - Identify and mitigate financial risks.
 
Applicants should possess the following attributes:
- Lead and develop the finance team, fostering a culture of integrity and continuous improvement.
 - Collaborate with other departments to support strategic initiatives.
 - Support digital transformation, process automation, and other strategic projects.
 - Participate in mergers, acquisitions, or restructuring activities if applicable
 - Deep understanding of banking operations, regulations, and accounting standards.
 - Strong analytical, strategic thinking, and decision-making skills.
 - Excellent leadership, communication, and interpersonal skills.
 - Proficiency in financial modeling, risk management, and regulatory compliance.
 - In-depth knowledge of Indian financial regulations and credit card industry practices preferred
 
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